18 August 2017
Find out more

Suncorp Bank goes live with Decillion Maps Upgrade

05 February 2014  |  517 views  |  0 Source: Decillion Group

Decillion Group and Suncorp Bank have announced the successful upgrade of Decillion's Modular Automated Processing System (MAPS) at Suncorp Bank.

Since 2009, MAPS has been implemented as a messaging middleware that handles two way messages through SWIFT and other multiple system interfaces at Suncorp Bank. MAPS V3 is a significantly more advanced processing environment that will help simplify the current complexity of the existing MAPS V2 environment. The most notable difference between MAPS V2 and MAPS V3 is the graphical nature of the workflow configuration, making it easier to navigate, and making any changes safer and easier to handle.

The added flexibility of the new MAPS V3 processing model will allow for future expansion of MAPS processing. The latest version of MAPS will not only future proof Suncorp Bank against yearly SWIFT Standards Changes, but also provide a more advanced processing platform with possibility of wider application and the reduction of system complexity.

"With MAPS, manual rekeying of FX transactions is no longer necessary and this has improved accuracy and processing turnaround times. In addition, the MAPS system has facilitated a more detailed level of Foreign Exchange reporting to enable product management to analyse the business in a more efficient manner." commented Karen Mak, Product Specialist, FX & IR at Suncorp Bank.

"We are delighted that Suncorp Bank has chosen Decillion to perform the upgrade of MAPS. The enhancements in V3 will further improve the existing MAPS system and allow for Suncorp Bank to comply with the changing SWIFT standards", said Joan Catacutan, Country Manager of Decillion Solutions Australia. "Suncorp Bank is a valued customer of Decillion and the successful go-live of the MAPS upgrade is testament to Decillion's ability to meet their requirements." 

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
visit www.niceactimize.comdownload the paper nowvisit www.dorsum.eu

Who is commenting?

Top topics

Most viewed Most shared
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
10099 views comments | 8 tweets | 16 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8378 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7821 views 0 | 1 tweets | 9 linkedin
PayPal buys Swift Financial to boost working capital bizPayPal buys Swift Financial to boost worki...
7770 views comments | 13 tweets | 7 linkedin
Uneasy sits the crown as cash use continues declineUneasy sits the crown as cash use continue...
7740 views comments | 3 tweets | 7 linkedin

Featured job

Find your next job